Stocks D.R. Horton, Inc.

More

  • Stocks fell sharply Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.

  • Stocks gave up early gains Tuesday as investors weighed better-than-expected earnings from Goldman Sachs and a sharp jump in wholesale inflation. Oil climbed more than a dollar, trading between $133 and $134 a barrel.

  • graphic_word_ofthe_street.jpg

    The Dow suffered a triple digit loss on Wednesday after a bigger-than-expected drop in crude inventories sent investors scrambling. What's the "Word on the Street?"

  • home_sales7.jpg

    U.S. home builders, struggling under sinking demand and a credit crisis, now face a fresh obstacle: competition from a flood of homes in foreclosure.

  • Hope Now Alliance

    The trouble is that of all those “workouts” 106,000 were repayment plans, while approximately 77,000 were loan modifications. Critics argue that repayment plans don’t always get borrowers out of the total soup, especially if their adjustable-rate loans haven’t even reset yet.

  • For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08. 

  • When Fannie Mae has a day like Tuesday but still goes up anyway, what's a bear to do?

  • Disappointing report from Fannie Mae. They reported a loss of $2.57 per share, well above the loss of $1.48 estimated by analysts. A larger provision for credit losses was the main culprit. They're also raising $6b in new capital through offerings of common and convertible and non-convertible preferred stock.

  • home_building2.jpg

    D.R. Horton, largest U.S. home builder, halved its dividend and posted a quarterly loss of $1.3 billion Tuesday as it wrote down the value of its land and unsold homes and cut prices to boost sales, especially in California.

  • TraderNYSE20.jpg

    Wall Street could extend gains this week if financial results from market bellwethers such as Cisco Systems and data suggest the U.S economic slowdown is not as dire as once feared.

  • For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08. 

  • home_building4.jpg

    A reading of U.S. homebuilders' sentiment remained unchanged in April, just shy of its record low for the third consecutive month as the housing market failed to recover.

  • Why's Congress handing money to homebuilders that homeowners should get?

  • Homebuilder DR Horton tried to kill two birds with one stone this past weekend: unloading inventory and cleaning up the image of the housing market -- at least in a few towns in Southern California. The company held a first-come, first-served “Un-Auction."

  • Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.

  • Stocks rallied Monday after JPMorgan Chase raised its offer for Bear Stearns and a report on home sales came in better than expected.

  • Stocks rallied into the new week after JPMorgan Chase raised its offer for Bear Stearns and a report on home sales came in better than expected.

  • U.S. stock index futures pointed to a mixed open for Wall Street after the Easter break, with investors still nervous about the state of the economy.

  • Stocks declined Thursday after Federal Reserve Chairman Ben Bernanke said bank failures are likely as the housing crisis takes its toll, and a pair of economic reports came in weaker than expected.

  • Stocks declined Thursday after Federal Reserve Chairman Ben Bernanke said bank failures are likely as the housing crisis takes its toll, and a pair of economic reports came in weaker than expected.